The disgraced former chair of the Co-op Financial institution, Paul Flowers, has been jailed for 3 years on fraud costs.
The 74-year previous, who was pressured out of the lender in 2013 amid claims of inappropriate bills and unlawful medicine allegations, admitted 18 counts of fraud value practically £100,000.
Flowers, additionally a former Methodist minister, dedicated the offences in opposition to an aged and susceptible buddy.
He had beforehand made headlines for the improper causes after his three-year tenure on the financial institution got here below scrutiny within the wake of its 2017 rescue by US hedge funds.
Flowers was later banned from the monetary companies trade by the Metropolis watchdog.
He was fined £400 in 2024 after pleading responsible to possessing cocaine, ketamine and crystal meth – main him to being dubbed “the Crystal Methodist” within the press.
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